4, Friars Lane
4, Friars Lane
Description & Estimates
4, Friars Lane, Maldon is described in the public record as a modern apartment with 721 ft2 of internal area.
Locally, apartments of this size normally have 2 bedrooms.
Our estimate of the sale value of 4, Friars Lane, Maldon is £221,908 and its rental estimate is £1,107 per month, given the available information and assuming reasonable condition.
Friars Lane, Maldon, CM9 falls within the CM9 postal district, in the borough of Maldon.
Our Data Sources
4, Friars Lane, Maldon has no records in the the Land Registry and a single entry in the EPC database dated April 2021.
We combine this information with public data of neighbouring properties to estimate the property attributes and values.
The local information is scored as 2 out of 5 and is considered of medium accuracy.
Price Range & Condition
The condition of a property plays an important role in determining its value, with the degree of impact varying by property type, size and location.
For 4, Friars Lane, Maldon, we estimate a market value of £233,004 and a rental value of £1,162 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £206,375 and £1,029 per month respectively.
Recent Market Change
Over the last year, 4, Friars Lane, Maldon has seen its estimated sale value drop by £3,892 (1.8%) and its estimated rental value rise by £28 per month (2.5%). This results in an estimated gross rental yield of 6.0%.
Energy Efficiency
4, Friars Lane, Maldon has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 16 Apr 2021.
The property is not connected to mains gas and has fully double glazed windows. It is heated using Room heaters, electric.
Similar Properties Sold Nearby
Over the past 2 years 3 properties similar to 4, Friars Lane, Maldon have sold within a radius of 570 metres, per the Land Registry and our network of Estate Agents.
The latest, on the 22nd November 2023, was Flat 3, Allin House, Bull Lane, Maldon, CM9 4QB, a leasehold flat which sold for £272,500.
Read more about house prices in CM9.
- Sold Nov 2023£272,500 | 2 Bed FlatAllin House, Bull LaneFlat 3, Allin House, Bull Lane, Maldon, CM9 4QB
- Sold Oct 2023£270,000 | 2 Bed FlatAllin House, Bull LaneFlat 4, Allin House, Bull Lane, Maldon, CM9 4QB
- Sold Mar 2019£210,000 | 2 Bed FlatPetchey Court, Fambridge RoadFlat 3, Petchey Court, Fambridge Road, Maldon, CM9 6GE
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
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Location Comparison
Of the 18 addresses on Friars Lane, Maldon, CM9, 4, Friars Lane, Maldon comes out as the largest and the 2nd most expensive in our analysis of the public data.
It is also £180k less expensive than the average property across the CM9 district.
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Schools Nearby
- 300mSt Francis Catholic Primary School, Maldon
- 400mAll Saints Maldon Church of England Voluntary Controlled Primary School
- 600mMaldon Primary School
- 200mPlume School
- 7.9kmLift Maltings
- 10.1kmLift New Rickstones
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Public Transport Nearby
From 4, Friars Lane, Maldon, the nearest station is Hatfield Peverel, 7.9 kilometres away.
- 7.9kmHatfield Peverel
- 8.7kmWitham
- 9.2kmNorth Fambridge
Available Internet Speeds
Broadband here reaches superfast speeds, based on recent Ofcom data.
According to recent data from Ofcom, Superfast broadband is available in the area.
Risk of Flooding
The flood risk here is rated very low, based on Environment Agency data.
